Every car rental management company knows how important a car rental management system is to their daily operations. When traveling the world, we often hire vehicles to get us around our new environment. One convenient way of doing so is via an online agency.
Explore Rentals for Bozeman car rental and outdoor gear rentals is a good example of an agency that renders its services online through its integrated system.
Let’s find out what a car rental management system is, look at its features, and see how it benefits a company and its interest.
So, What Is A Car Rental Management System
A Car Rental Management System is a software application that simplifies and automates the day-to-day activities of a car rental business.
The software offers various tools and features to help rental companies manage their fleet, reservations, customers, and other business operations.
The solution includes various functionalities such as online booking, inventory management, rental agreements, reporting, and billing.
By integrating and automating various tasks, a car rental management system helps to increase the efficiency of the rental business and enhance customer service.
Modules Of A Car Rental Management System And Their Roles
1. Rental car Booking Engine Module
Booking is at the forefront of any car rental management system. The rental car company syncs the engine with the inventory database.
Therefore, the booking engine will have an updated list of all available cars and accessories. The booking engine will also perform the following functions:
Suggestion: Maxi Cosi Infant Car Seats
- Payment Operations
The rental car booking engine has a payment gateway that accepts online payments from customers and allocates online invoices. Furthermore, it tracks all pending customer payments and calculates all rental costs.
- Reservations processing
The rental car booking engine must deliver a customer’s reservation details to the fleet management module to complete the booking. Additionally, it will enter the customer’s details in the customer relationship management module.
The engine will then notify the task management module to allow agents to prepare the customer’s car on time. Lastly, it will send a confirmation of reservation notification to the customer.
2. Fleet Management Module
A fleet is responsible for many tracking tasks, from distributing cars to customers to monitoring the welfare of vehicles. The roles of Fleet management in a car rental management system include:
- Remote Monitoring and Telematics
Car rental inventory requires close monitoring as it is less predictable than other travel-related resources. It is easy to achieve remote monitoring via telematics.
The system here collects essential vehicle data such as location, speed, fuel consumption, mileage, and temperatures using onboard diagnostics and a GPS.
Also Read: Best Brake Pads For Nissan Altima (Top Reviews In 2023) For Supreme Braking.
With the installation of telematics in a car rental management system, a company can track a car online or run a playback to check routing.
- Car History
A car history tracks all the maintenance tasks the vehicle has undergone. Additionally, it assists in securing the car’s condition before an agent delivers it to a customer.
Car history in the car management system will report the car’s condition and display its latest pictures and videos. This part of the system helps to minimize damage disputes.
- Rental Car Distribution
This part of the car rental management system measures vehicle usage and equally distributes the load. If a problem arises with a particular car, it will automatically assign another vehicle.
The system monitors the workload of each asset and tries to prevent the overuse of a particular asset. It may also set a reservation limit if the number of rental car bookings is about to exceed the number of available cars.
- Graphic Aids
The graphic aids part of a car rental management system and provides a chart that aids vehicle distribution. It will also show the availability of other equipment, such as a child seat and GPS.
- Reports Generation
The system gathers statistics and generates an up-to-date ad hoc report. It also measures the revenue the company gets from rentals against expenses. Thereby, it can calculate the profits of the entire fleet.
3. Task Management For Rental Car Agents Module
Apart from asset management, rental car agents must streamline their behind-the-counter work. The task management module for rental car agents performs the following roles:
Rental car agent manages their errands in the car rental management system dashboard. Therefore, the system will inform them what they must do each day and the priority tasks.
Suggestion: Best Oil Filter Wrench For Toyota In 2023 For Easy Oil Filter Change (Experts Review).
They could also set time aside for each task, such as inspecting vehicles, serving a customer, and taking payments.
- Planned Vehicle Return
Agents can check the vehicles due to return to the company via the system. Therefore, they could make necessary preparations, such as preparing forms to inspect the vehicle’s condition before they accept it back.
- Automatic Reminders
The system gives the agents a number of reminders, like changing a vehicle’s oil and other car services.
The system can automatically fill in an agent’s detail on a customer’s form by scanning a driver’s license.
4. Customer Relationship Management Module
The customer relationship management module stores the customer’s history and data. The data helps conduct satisfaction campaigns by sending client evaluation forms. The module will conduct the following duties:
The customer relationship management module will keep clients updated on the booking status. It will also inform them of important information concerning their booking status.
The customers will receive notifications after the software completes a certain process. For example, a client will receive a booking confirmation after the software processes the booking information.
Nevertheless, customers will receive a reminder notification a few days before the booking dates.
- Satisfaction Measurement
From the moment the client enters the car rental company’s website to the moment they return the vehicle, problems could impede business success.
Why do potential clients churn around before booking a car? Why is the company constantly getting negative reviews? Finding solutions to such problems will lead the company toward a better future.
The software can formulate a complete questionnaire based on the customer’s journey and experience for a comprehensive analysis.
Car rental management systems have revolutionized the way rental car companies operate. These systems have streamlined the rental process, making it more efficient and user-friendly for the rental company and its customers.
With a car rental management system, you can easily book your cars online, choose pickup and drop-off locations, and make secure payments.
By integrating and automating various tasks, a car rental management system helps increase the rental business’s efficiency and enhance customer service.